🇺🇸 U.S.–China Trade Truce Boosts Markets
On May 13, 2025, President Trump announced a 90-day pause in the trade war with China, during which both countries agreed to reduce tariffs—U.S. duties on Chinese goods to 30% and Chinese duties on U.S. goods to 10%. This announcement led to a significant rally in the stock market, with the Dow Jones Industrial Average surging over 1,100 points and the Nasdaq Composite entering a bull market
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